Building a business takes time and effort, along with the right tools to make effective strategic decisions. Today, online bookkeeping and accounting services provide options that allow you to transition your financials to the experts and keep your focus on growing your business. With that in mind, let’s dive into what 1-800 Accountant and AccountsBalance can offer your business, and how you can utilize these tools to take your business to the next level.
1-800 Accountant vs AccountsBalance 2023 Comparison
AccountsBalance is a bookkeeping service that provides businesses with the ability to outsource the recording, categorizing, and reconciling of their financials. With AccountsBalance, businesses receive monthly financial reports, giving them a comprehensive picture of their financial health. With catch-up services, their clients don’t have to feel overwhelmed by their bookkeeping. Instead, AccountsBalance makes it easy with a dedicated team that specializes in working with SAAS, small businesses, and agencies that fit your budget.
1-800 Accountant offers bookkeeping, accounting, and LLC services for small businesses in four packages, thus allowing you to customize your options to fit your needs and your budget. They also provide payroll and tax filing options, making it easier for small businesses to have all their accounting and bookkeeping needs handled in one place with flat rate pricing.
1-800 Accountant vs AccountsBalance Overview
Both 1-800 Accountant and AccountsBalance offer bookkeeping services geared toward small businesses, but they also include several options for those who have fallen behind.
| 1-800 Accountant |
AccountsBalance
|
|
| Who’s It Best For? | Small businesses |
SAAS, agencies, & service providers.
|
| Monthly Pricing | Package based, flat-rate pricing |
Starts at $299/mo
|
| Clean Up Services | Yes, fixed pricing |
Yes, one time cost.
|
| Catch Up Services | Yes, fixed pricing |
Yes, one time cost.
|
| Account Reconciliation | Yes, monthly | Yes, monthly. |
| AR & AP Work | Yes | Not at this time. |
| Tax Services | Yes | Not at this time. |
| CFO Services | Not at this time | Not at this time. |
| Dedicated Bookkeeper | Yes | Yes |
| Reviews | 4.6 stars | 5 stars |
| Website | Visit | Visit |
Who Should Use 1-800 Accountant and AccountsBalance?
For small businesses looking to get started with an LLC and set up their bookkeeping and accounting platform, 1-800 Accountant offers these options and other key aspects of an accounting department, such as payroll and tax services.
AccountsBalance targets SAAS, online businesses, small businesses, and agencies by providing dedicated experts who can answer your questions and keep your bookkeeping accurate and up to date.
Both platforms offer services geared toward businesses that might not be able to hire a full-time bookkeeper or accountant within their office but still need access to these financial experts.
1-800 Accountant vs 1-800 Accountant Pricing
1-800 Accountant offers flat rate pricing, meaning that you pay for the service, not by the hour. AccountsBalance also offers a monthly rate based on the package you choose and the specific needs of your business.
| 1-800 Accountant |
AccountsBalance
|
|
| Monthly Pricing | Flat-rate pricing based on four packages |
Starts at $299/mo. Based on size and complexity of business.
|
| Catch Up Work | Get a pricing quote |
Get a pricing quote w/in 1 business day.
|
| Clean Up Work | Get a pricing quote |
Get a pricing quote w/in 1 business day.
|
| Set Up | Based upon package |
$499 for new QBO or Xero account
|
| Invoicing | Yes | Not at this time. |
| AP & AR | Yes | Not at this time. |
| Tax Services | Yes | Not at this time. |
| Free Trial | No |
Yes, 1st month free.
|
| Pricing Details | 1-800 Accountant |
1-800 Accountant vs AccountsBalance Features
There are a variety of similar features offered by both of these bookkeeping services, including monthly reconciliation, financial reports, and transaction categorizing. 1-800 Accountant also provides additional tax support, including tax advice throughout the year. AccountsBalance provides accurate financials to make filing your taxes easier, thus allowing you to remain in compliance.
| 1-800 Accountant |
AccountsBalance
|
|
| Dedicated Bookkeeper | Yes | Yes |
| Controller Oversight | Yes | Yes |
| Connect Bank Accounts | Yes | Yes |
| Categorize Transactions | Yes | Yes |
| Pay Bills | Not at this time. | Not at this time. |
| Invoice Customers | Yes | Not at this time. |
| Account Reconciliation | Yes | Yes |
| Tax Consulting | Yes | Not at this time. |
| Tax Filing | Yes | Not at this time. |
| CFO Services | Not at this time. | Not at this time. |
| Income Statement | Yes | Yes |
| Balance Sheet | Yes | Yes |
| Cash Flow Statement | Yes | Yes |
| Reports Delivered By | Monthly | 15th monthly |
| Catch Up Services | Yes, for a fixed cost. |
Yes, for fixed cost.
|
| Clean Up Services | Yes, for a fixed cost. |
Yes, for fixed cost.
|
| Payroll Services | Yes | Not at this time. |
| International Support | No | Yes |
| Support | Yes, responses in 1 biz day |
Yes, responses in 1 biz day
|
1-800 Accountant vs AccountsBalance Software
1-800 Accountant utilizes ClientBooks, which is its software platform for bookkeeping and accounting. AccountsBalance is compatible with Quickbooks Online and Xero, making it easy for you to transition to our bookkeeping team without moving to a new accounting software.
1-800 Accountant vs AccountsBalance Customer Support
As a business owner, you understand why quality customer support is so critical to long-term customer retention. Being able to solve problems for your clients quickly and with solutions that meet their needs is essential, but even more so when it comes to your bookkeeping and accounting services. 1-800 Accountant works with America-based businesses only, so they provide support during typical business hours, along with online resources. AccountsBalance offers international support, with a wide variety of options to get your questions answered and any issues addressed promptly.
| 1-800 Accountant |
AccountsBalance
|
|
| Unlimited Support | Yes | Yes |
| Community Support | Yes | Yes |
| Email Support | Yes | Yes |
| Text Support | No | Yes |
| Live Chat Support | Yes | Not at this time |
| Phone Support | Yes | Yes |
|
Searchable Knowledgebase
|
Yes, on their blog. |
Yes, on their blog.
|
| Online Help Resources | Yes, on their blog. |
Yes, on their blog.
|
| Responses Within | 1 business day | 1 business day |
Frequently Asked Questions (FAQs)
1. Which is better for online businesses?
1-800 Accountant provides accounting and bookkeeping with a dedicated team. They provide an online platform, making it easier for online businesses to integrate their services into how they do business. AccountsBalance specializes in working with online businesses, so their team can easily adapt to fit your needs, although they do not offer the same level of accounting services.
2. What should I consider when hiring a bookkeeper online?
Before hiring a bookkeeper online, it is important to know what tasks you want them to handle and what tasks you want to keep in-house. That can assist you in determining if a bookkeeping service offers the features you want and need for your business, both now and in the future.
3. What’s different between a freelance bookkeeper and these bookkeeping companies?
A freelance bookkeeper can focus solely on your business, but they are limited by experience and the level of support they can offer. Plus, if they are ill, then your bookkeeping can fall behind. These bookkeeping companies offer a high level of support, along with a team that can keep your bookkeeping on track as they get to know your business.
4. How much does an online bookkeeping cost on average?
An online bookkeeping service can average around $200 to $300 per month, but this cost can increase as your number of transactions goes up or if you require additional services for your business. With 1-800 Accountant offering additional accounting services, your pricing will vary based on the services you choose for your business.
What Is AccountsBalance?
AccountsBalance is a monthly bookkeeping service specialized for agencies & SAAS companies.
We take monthly bookkeeping off your plate and deliver you your financial statements by the 15th or 20th of each month.
You’ll have your Profit and Loss Statement, Balance Sheet, and Cash Flow Statement ready for analysis each month so you and your business partners can make better business decisions.
Interested in learning more? Schedule a call with our CEO, Nathan Hirsch.
And here’s some free resources:
In Summary
Building a sustainable foundation for your business starts by having the right financial tools in place. With 1-800 Accountant, you have a flat-rate bookkeeping and accounting service with packages that can be customized to fit your needs. AccountsBalance offers expertise in online businesses, SAAS, and agencies, making them the ideal bookkeeping service for these businesses. Additionally, AccountsBalance can work with your current accounting software or assist in transitioning you to compatible software. When you are looking for a bookkeeping service, both of these options provide expertise that can help your business thrive.
